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Aug 17, 2013
08/13
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starting with salmon that bee in detroit, sam, any updates? i know things are pretty grim over there. >> oh, john t is worse than you could possibly imagine. >> right. >> a once proud american institution brought to its knees by gross mismanagement and incompetent leadership. you know, you wonder if it will ever again be the icon it was once. >> but sam, on the other hand, detroit is resilient, will will bounce back, shortly opinions detroit, no, i'm talking about the daily show. >> come on. >> it took decades to bring detroit to its knees but you destroyed the daily show in like three months. >> whoa, whoa, whoa. go a little easy. >> you're faster than ebola. what? >> i would say that i'm speaking truth to power but you have to power and whatever power you thought you had ends in about six minutes which is less time than it takes to make a hot pocket, but enough time i'm sure for you to [bleep] the show even further until it begs to be put out of its missery. >> thank you, samantha. let's go to jessica williams, jess, where exactly are you. >
starting with salmon that bee in detroit, sam, any updates? i know things are pretty grim over there. >> oh, john t is worse than you could possibly imagine. >> right. >> a once proud american institution brought to its knees by gross mismanagement and incompetent leadership. you know, you wonder if it will ever again be the icon it was once. >> but sam, on the other hand, detroit is resilient, will will bounce back, shortly opinions detroit, no, i'm talking about the...
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Aug 30, 2013
08/13
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detroit? >> it will turn around the city of detroit. >> the motor city. this is will we do. john: what's up with detroit? can this happen to your town? that's our show tonight. ♪ >> and now john stossel. ♪ john: detroit was once the richest city in america. i was three years old and. that was the 1950's. now it's the biggest u.s. city ever to declare bankruptcy. so what happened? our guests tonight have some clues. first, fox news reporter works in detroit and just wrote, detroit, an american autopsy. an autopsy, one examines the dead body and tries to find out what killed him. detroit isn't that exactly. what killed the trust? >> would kill the charge, racial conflict of detroit. slav kill detroit. corruption children. it seems like that is what has become the american way because detroit is not alone. what is baltimore going to do, atlanta, l.a. john: detroit is and worse shape. worse politicians, more unions. the automaker collapsed. it was in the politicians' fault. it was just the big
detroit? >> it will turn around the city of detroit. >> the motor city. this is will we do. john: what's up with detroit? can this happen to your town? that's our show tonight. ♪ >> and now john stossel. ♪ john: detroit was once the richest city in america. i was three years old and. that was the 1950's. now it's the biggest u.s. city ever to declare bankruptcy. so what happened? our guests tonight have some clues. first, fox news reporter works in detroit and just wrote,...
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Aug 30, 2013
08/13
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bring detroit back because people invested detroit. john: you wrote the book to try to explain this to people. it's titled belle isle, the detroit game changer. the new york times, i'm not surprised to must near you. the writer said that the book has the hero landi on the rooftop helipad of the 57 story hotel. it makes the entire scheme very easy to mock as objective is to fan fiction. objective is referring to eyeing rand. you are a fan of hers. >> i am. hn: you talk of having a billion dollars, trying to buy this from the city. within this city would gym but that. politicians often surprise me. detroit city council members don't want to give up much of anything when michigan's governor offered to have the state takeover belle island park since detroit can't even afford to maintain it, local politicians screamed. >> you may not take over bell island. it belongs to the people. john: it belongs to the people, not to you. >> this would create a lot of jobs and opportunity. right now there's no hope for the future. this would create that
bring detroit back because people invested detroit. john: you wrote the book to try to explain this to people. it's titled belle isle, the detroit game changer. the new york times, i'm not surprised to must near you. the writer said that the book has the hero landi on the rooftop helipad of the 57 story hotel. it makes the entire scheme very easy to mock as objective is to fan fiction. objective is referring to eyeing rand. you are a fan of hers. >> i am. hn: you talk of having a billion...
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Aug 28, 2013
08/13
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ALJAZAM
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that's the problem in detroit. they're supposed to have the backing of employees and residents-- >> and they don't. that's all the time we have. thank you, we appreciate the conversation. until next time we'll see you online. . >> welcome to al jazeera and this they were news hour. tonight our top story is syria. will the united states use military force against that country and when? >> president obama is speaking out about syria. he said he's considering a military attack when he called a shot across syria. he wants to deter the use of chemical weapons. offer in his interview he also said he has not made a final decision. >> i have
that's the problem in detroit. they're supposed to have the backing of employees and residents-- >> and they don't. that's all the time we have. thank you, we appreciate the conversation. until next time we'll see you online. . >> welcome to al jazeera and this they were news hour. tonight our top story is syria. will the united states use military force against that country and when? >> president obama is speaking out about syria. he said he's considering a military attack...
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Aug 29, 2013
08/13
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. >> one detroit. >> one detroit. >> one detroit. >> one team. >> one detroit. >> this season, the detroit lions renewing their commitment to the city of detroit. joining us now on set, tom lewand. >> there are some cities that are sport cities, where the city lifts up the sports teams and the sports teams do the same. philly's that way. boston. man, detroit, unbelievable history here between the red wings and the lions and -- goes on and on. >>cy gri grew up a red wings fa. to see what our sports teams do for our city and what we can do -- what our teams can do for the city is special. especially now with the kind of tough times. there is an opportunity for us to be a catalyst in a way that i think other industries can't. especially with our ownership. obviously owned by the ford family. and the nexus that they provide between what's going on in the business community, what's going on in the sports world and what's going on in our overall community especially. >> it's kind of your turn, right? >> it's been our turn for a while. >> yeah, yeah, right, phil, you look at the detroit tigers to
. >> one detroit. >> one detroit. >> one detroit. >> one team. >> one detroit. >> this season, the detroit lions renewing their commitment to the city of detroit. joining us now on set, tom lewand. >> there are some cities that are sport cities, where the city lifts up the sports teams and the sports teams do the same. philly's that way. boston. man, detroit, unbelievable history here between the red wings and the lions and -- goes on and on. >>cy...
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Aug 29, 2013
08/13
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we're all about detroit today. what do you think detroit's best export is? music, cars, hockey, all kind of stuff. tweet us #waytooearly. we'll have the best ones later in the show. i have one i love coming into my inbox. can you say inbox on twitter, jen? still ahead on "way too early." shocking revelations and a new report about aaron hernandez. the alleged drug use and which specific drug he was using that may have played a part in the downfall. >> also the sound of detroit. it's fantastic. we'll take you to the motown museum to show you how one man's vision turned into the musical revolution of an entire country. that when we come back. [ male announcer ] come to the golden opportunity sales event to experience the precision handling of the lexus performance vehicles, including the gs and all-new is. ♪ this is the pursuit of perfection. is that true? says here that cheerios has whole grain oats that can help remove some cholesterol, and that's heart healthy. ♪ [ dad ] jan? it's delicious. so now we've turned her toffee into a business. my goal was to
we're all about detroit today. what do you think detroit's best export is? music, cars, hockey, all kind of stuff. tweet us #waytooearly. we'll have the best ones later in the show. i have one i love coming into my inbox. can you say inbox on twitter, jen? still ahead on "way too early." shocking revelations and a new report about aaron hernandez. the alleged drug use and which specific drug he was using that may have played a part in the downfall. >> also the sound of detroit....
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Aug 20, 2013
08/13
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CSPAN
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detroit does not have any problem that is 100% unique to detroit. however, it has a scale that is unprecedented, as well as -- it seems to have all of the problems, not just one or two. in the case of like a birmingham or the county that has declared a see their -- that has declared bankruptcy there, it is because of a specific bad investment, a municipal job that went awry and they lost billions of dollars. detroit is really tied to attention problems, and that is unique -- detroit is really tied to its pension problems, and that is unique, and especially scary to americans. as heidi and i discussed many times, this is either a cautionary tale or a blueprint for other cities. we have to wait and watch. there is all of these unknowns happening right now. detroit is certainly not completely unique in its issues. guest: just to follow-up on that, in terms of scale, the second-largest accuracy, jefferson county -- second- largest bankruptcy, jefferson county, alabama, that was long- term by police, $4.5 billion. are $20s liabilities billion-plus. it co
detroit does not have any problem that is 100% unique to detroit. however, it has a scale that is unprecedented, as well as -- it seems to have all of the problems, not just one or two. in the case of like a birmingham or the county that has declared a see their -- that has declared bankruptcy there, it is because of a specific bad investment, a municipal job that went awry and they lost billions of dollars. detroit is really tied to attention problems, and that is unique -- detroit is really...
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Aug 29, 2013
08/13
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are detroiters making a come back? ♪ all about detroit. we are focusing on the real challenge tonight. >> the future, and who is doing to benefit. our community always has opinions and also activity is already happening in detroit. how, there's a group that says wake up man. determines have been in charge for 50 years. and ten there's j.p. that says to get detroit back on its feet, we have to give money back. let's try that out. our community and you are the third host of the show, and we mean it. we read recall your tweets and facebook messages. they drive the discussion. so tonight, use of the #and join the conversation. he means it. many ways to be a part of our community. don't forget facebook, like us, send your ideas for stories that you think we should be covering. detroit hustles harder that's what residents are saying as they flip the city's negative narrative of bankruptcy crime and pose closures. juxtapose against the standard story of ruin, businesses are investing big in downtown detroit. but it might be the do-it-yourselfers
are detroiters making a come back? ♪ all about detroit. we are focusing on the real challenge tonight. >> the future, and who is doing to benefit. our community always has opinions and also activity is already happening in detroit. how, there's a group that says wake up man. determines have been in charge for 50 years. and ten there's j.p. that says to get detroit back on its feet, we have to give money back. let's try that out. our community and you are the third host of the show, and...
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city can pick itself back up i'm joined now by a detroit native and because. you know i really love the story because we always hear so many negative things detroit the city of death. you know depression what made you turn to the story and you have learned this is a city that obviously gets a bad rap and it's really hard being from detroit and you know living now living in new york and living in d.c. always having to fend for the city but the reality is that that's those are the stories that get the most traction mayor you know that kind of new cells that decrepit buildings abandoned buildings but the you know you have to remember it's a fraction of what the city represents there's a lot more going on and that's why i wanted to go back and tell that story absolutely and i really loved it the way you did it where does the bankruptcy filing stand right now so the latest is that a u.s. bankruptcy court judge set the date for moving this case along so august nineteenth is the key date that is the deadline for all motions arguing you know for anyone to put forward
city can pick itself back up i'm joined now by a detroit native and because. you know i really love the story because we always hear so many negative things detroit the city of death. you know depression what made you turn to the story and you have learned this is a city that obviously gets a bad rap and it's really hard being from detroit and you know living now living in new york and living in d.c. always having to fend for the city but the reality is that that's those are the stories that...
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producer amir david recently traveled to detroit to see what lies ahead for the. motor city. we cannot and must not and we will not while it may seem like a calamity of the distant past it was only four years ago that the obama administration rode to the rescue of two detroit automakers general motors and chrysler the federal government port eighty billion dollars into the companies extending them a lifeline out of a looming bankruptcy. but it seems the city of detroit won't get the same bailout even after declaring a twenty billion dollar debt becoming the largest municipal bankruptcy in u.s. history and this time around city employees will feel it the most as they are likely to see significant cuts to their pensions and post employment health care benefits bill will of voice of concern is reverberating throughout the city hasn't quite overtaken another sentiment one that's magnified over the last few years i've been here all of my life and i've seen it in a big not like it is more good as come to speak it is buying business these games and i see a lot of construction going
producer amir david recently traveled to detroit to see what lies ahead for the. motor city. we cannot and must not and we will not while it may seem like a calamity of the distant past it was only four years ago that the obama administration rode to the rescue of two detroit automakers general motors and chrysler the federal government port eighty billion dollars into the companies extending them a lifeline out of a looming bankruptcy. but it seems the city of detroit won't get the same...
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still ahead tonight we'll take a closer look at the city of detroit and what the future will hold an exclusive report from the test producer in there david. church is essential. to children the streets. that women kidnapped and converted to islam police will soon be another girl says for the cup to christians of egypt to the existence of such a thing to. the way of the cross city. the main competitor on the market is mother nature. may customers struggle with students. for each drop from an old dirty supply. let people think i hear prices purer want to. live on our teeth. they use it up there and wash their hands. and flush their toilets when the same water. nestle's is selling as spring water. thanks. it's been less than a month since the city of detroit filed the largest municipal bankruptcy in u.s. history seeking chapter nine protection for nearly twenty billion dollars worth of debt and long term liabilities now michigan state officials have taken the reins of the city's financial matters seeking to find a solution to a problem that many say is been brewing for years but althoug
still ahead tonight we'll take a closer look at the city of detroit and what the future will hold an exclusive report from the test producer in there david. church is essential. to children the streets. that women kidnapped and converted to islam police will soon be another girl says for the cup to christians of egypt to the existence of such a thing to. the way of the cross city. the main competitor on the market is mother nature. may customers struggle with students. for each drop from an old...
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Aug 10, 2013
08/13
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me about the humanity of detroit. -- tell me about the humanity of detroit. there is so much to love about aboutt, but talk to me the people of detroit and their perseverance. detroit is a movement city. we used to think the movement was going to come from labor. the movement began to come from people. people taking charge of their neighborhoods. safety innking about terms of neighborliness rather than police. this transformation more important than from hunting to agriculture. how important do you think detroit has been to the nation culturally? of theere once a symbol miracle of production, and we were producing more faster. that we believe that was not unnatural, considering how important henry ford was, but that was not sustainable. in the second decade of the 21st century. in the second decade of the 20th century. those dreams are dead, but we are shaking the world with a new dream. tavis: what is that? food insteadr own of using trucks to bring food and using a lot of fuel. living isay of bringing the neighbor back to the hood. tavis: how did you get to
me about the humanity of detroit. -- tell me about the humanity of detroit. there is so much to love about aboutt, but talk to me the people of detroit and their perseverance. detroit is a movement city. we used to think the movement was going to come from labor. the movement began to come from people. people taking charge of their neighborhoods. safety innking about terms of neighborliness rather than police. this transformation more important than from hunting to agriculture. how important do...
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it's been less than a month since the city of detroit filed the largest municipal. bankruptcy and u.s. history seeking chapter nine protection for nearly twenty billion dollars worth of debt in long term liabilities now michigan state officials have taken the reins of the city's financial matters seeking to find a solution to a problem that many say is been brewing for years but although the detroit faces a dwindling population in the stressed economy the city may be turning a new page. producer amir david recently traveled to detroit to see what lies ahead for the motor city. we cannot and must not and we will not while it may seem like a calamity of the distant past it was only four years ago that the obama administration rode to the rescue of two detroit automakers general motors and chrysler the federal government port eighty billion dollars into the companies extending them a lifeline out of a looming bankruptcy. but it seems the city of detroit won't get the same bailout even after declaring a twenty billion dollar debt becoming the largest municipal bankruptc
it's been less than a month since the city of detroit filed the largest municipal. bankruptcy and u.s. history seeking chapter nine protection for nearly twenty billion dollars worth of debt in long term liabilities now michigan state officials have taken the reins of the city's financial matters seeking to find a solution to a problem that many say is been brewing for years but although the detroit faces a dwindling population in the stressed economy the city may be turning a new page....
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Aug 21, 2013
08/13
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it's happening in detroit. and the fate of those people, their story, is coming up. >>> but first i want to share the three awesomest things on the internet today. we begin with a microblog's twist on one of the summer's most shared photo trends. behold the hot dog legs tumbler. a site that asks the viewing public to determine whether you're looking at a selfie taken on the beach or two frankfurters like a pair of legs. some are calling it the tumbler of the summer. either way, the man is trying to co-opt the trend, fat cat hot dog conglomerates are guessing the game. as for this broadcaster, when it comes to legs and hot dogs, i always prefer hot dogs that have legs. second awesomest thing on the internet today, a video going viral on youtube which features the gospel choir of an unidentified church giving the congregation very healthy advice in this age of social media. ♪ ♪ yes, keep your business off of facebook. it's advice we could all stand to listen to. some of us more than others. and the third awes
it's happening in detroit. and the fate of those people, their story, is coming up. >>> but first i want to share the three awesomest things on the internet today. we begin with a microblog's twist on one of the summer's most shared photo trends. behold the hot dog legs tumbler. a site that asks the viewing public to determine whether you're looking at a selfie taken on the beach or two frankfurters like a pair of legs. some are calling it the tumbler of the summer. either way, the man...
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Aug 3, 2013
08/13
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. >> take him to detroit. >> no! not detroit! >> i love you, detroit. >> massive unions, massive pensions. >> yes, lavish pensions. on average $19,000 a year which detroit now says they will pay 10 cents on the dollar. >> when union membership goes down, so do middle class wages. >> then the unions came in. then the democratic machine came in. then the drugs came in. >> every politician who puts their hand on the bible and takes the oath of office has a duty to this city and to manufacturing in this country. >> it yields a cat like kid rock. it must have good stuff in it. but the dems ran it into the ground. >> they don't have a fiscal problem, steve. they have a cultural collapse. >> see all those people in those pictures? have you ever seen so many americans be a failure at so many things? here we go again. i will not let this story go. there is more evidence detroit is truly, truly a conservative utopia. yes, i'm not going to get off this story. and it is something this country needs to pay attention to. conservatives keep bla
. >> take him to detroit. >> no! not detroit! >> i love you, detroit. >> massive unions, massive pensions. >> yes, lavish pensions. on average $19,000 a year which detroit now says they will pay 10 cents on the dollar. >> when union membership goes down, so do middle class wages. >> then the unions came in. then the democratic machine came in. then the drugs came in. >> every politician who puts their hand on the bible and takes the oath of office...
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investing in a myriad of businesses and new vehicle technologies robert for cano who oversees detroit as wayne county executive has been to china seven times since two thousand and five he says the recent activity is sending a very powerful message they still see this is a strong economy i mean people i know get uptight about their buying or treasury bonds and things like that step back and say what does it mean that music believe in your economy and that belief in the economy is echoed by detroiters we're starting to see their community change. one of those neighborhoods is cast forward or an area that seen unprecedented development with refurbished streets new restaurants and retail shops clear nelson both works and lives in the neighborhood what i'm seeing is. a lot of investment and creativity and innovation happening around retail commercial the sex finally for the first time in a long time there's one where people experimenting with new ideas new ideas being brought to the city by new people with a younger generation not only working in detroit but living here to revitalizing th
investing in a myriad of businesses and new vehicle technologies robert for cano who oversees detroit as wayne county executive has been to china seven times since two thousand and five he says the recent activity is sending a very powerful message they still see this is a strong economy i mean people i know get uptight about their buying or treasury bonds and things like that step back and say what does it mean that music believe in your economy and that belief in the economy is echoed by...
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Aug 26, 2013
08/13
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ALJAZAM
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he thinks detroit can save itself one neighborhood at a time. what he's doing could be an inspiration for struggling cities everywhere. what happens when social media uncovers unheard, fascinating news stories? it drives discussion across america. share your story on tv and online. can you say stocktopussy? [[voiceover]] every sunday night, al jazeera america city to file for bankruptcy protection. the people living there have had to deal with problems like burned out streetlights that aren't replaced. garbage that's picked up intermittently, vacant homes, all kind of problems. where many see a dying city, this detroit entrepreneur sees opportunity. this motown maverick believes detroiter s save the city one neighborhood at a time. our patricia sabga explains. >> yo you could call him a hand on entrepreneur. >> i work with concrete, metal, wood. i stay away from electricity. way. >> he buys old buildings in detroit in disrepair, fixes them up and starts businesses. right now he's working on his latest venture, pony ride, a collective of almost 4
he thinks detroit can save itself one neighborhood at a time. what he's doing could be an inspiration for struggling cities everywhere. what happens when social media uncovers unheard, fascinating news stories? it drives discussion across america. share your story on tv and online. can you say stocktopussy? [[voiceover]] every sunday night, al jazeera america city to file for bankruptcy protection. the people living there have had to deal with problems like burned out streetlights that aren't...
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Aug 6, 2013
08/13
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it started here in detroit. right here in detroit. everybody -- [inaudible] some of us have a little place upnorth. the middle class. [inaudible] middle class. middle class. >> host: is there anything people like george mcgreger did wrong over the years that lead to this? >> guest: absolutely. i think there's at love blame to go around. the unions are not blameless. there was a time they had a lot of extras going on. i mean, actually george described weren't able to use in the film he described a program called the homework hotline. every employee's child could call and get help with a homework. that's really nice. but that costs money. and the vacation days, sick leave, there were people in the path that did fall down on the job. it was too hard to fire people. there was a time for sure it was too bloated. with management, you know, taking sort of producing sub par cars and paying themselves too much. overall the industry behaved as a cartel at times. refusing to make small cars, saying you could never make money on small cars. honda
it started here in detroit. right here in detroit. everybody -- [inaudible] some of us have a little place upnorth. the middle class. [inaudible] middle class. middle class. >> host: is there anything people like george mcgreger did wrong over the years that lead to this? >> guest: absolutely. i think there's at love blame to go around. the unions are not blameless. there was a time they had a lot of extras going on. i mean, actually george described weren't able to use in the film...
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Aug 1, 2013
08/13
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i mean, detroit is an american city. and who is more american than detroiters? and so we believe that the city of detroit is on the road to recovery, but that recovery is going to require federal intervention. >> pastor david bullock, of the change agency consortium. i know that federal government intervention makes a big difference when you are trying to recover. >> that is right, thank you so much. we have been hit by an economic hurricane, and so we need relief right now. >> thank you very much. >> thank you. >> next. when does a person turn into a hero? we go all fan-go as she celebrates a milestone, don't miss it. >>> on this date, 35 years ago, on july, time news was reporting a test tube baby. this was in the pre-kardashian days, starring in the commercial. he tied a national league record with his 44-game hit streak. and nbc news, the parent company, did something that would forever change the course of history, in july, 1978, nbc news hired a local tv reporter and stuck her right on the air a few weeks later. something that was then called a general cor
i mean, detroit is an american city. and who is more american than detroiters? and so we believe that the city of detroit is on the road to recovery, but that recovery is going to require federal intervention. >> pastor david bullock, of the change agency consortium. i know that federal government intervention makes a big difference when you are trying to recover. >> that is right, thank you so much. we have been hit by an economic hurricane, and so we need relief right now....
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Aug 30, 2013
08/13
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we need one detroit. so while we're glad that "morning joe" came in to talk about detroit and he talked to a number of individuals, absent the input of individuals like us from the neighborhood and from the community, it's important to have that other strategy. we want downtown development, ed. we want people to be employed. but after the bankruptcy, after kevin orr is no more, where do we go from here? where are the jobs? what about the pensions that the people have worked so hard for? where is the money coming in to build rebuild the and the neighborhoods? those questions are yet to be determined and to be asked. as we see the development of downtown, there's a lot of development going on downtown. as we see new stadiums coming in, as we seed individuals buying up buildings for their personal use and to employ certain individuals. as we see all this happening, we also need to see and to make sure that the neighborhoods are brought to the table because if you don't bring the neighborhoods to the stable,
we need one detroit. so while we're glad that "morning joe" came in to talk about detroit and he talked to a number of individuals, absent the input of individuals like us from the neighborhood and from the community, it's important to have that other strategy. we want downtown development, ed. we want people to be employed. but after the bankruptcy, after kevin orr is no more, where do we go from here? where are the jobs? what about the pensions that the people have worked so hard...
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Aug 10, 2013
08/13
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but piornack is feeling detroit's financial woes in other ways, too. he's is just one of nearly 30,000 current and retired city workers who expect to see cuts to their pensions and health care benefits as the city tries to dig itself out of financial ruin. detroit can't pay its bills, and it is looking to cut debts that city officials say reaches $18 billion. >> i feel very let down, my father was a police officer in the city, i've been a fireman in the city, my son is a fireman in the city. i feel like i've really been let down. >> reporter: just weeks ago, detroit became the largest municipality ever to file for bankruptcy. there are many unknowns as the city attempts a restructuring plan. stephen henderson, editorial editor at "the detroit free press grew up here and is intimately aware of the city's fighting spirit but says bankruptcy may be the city's toughest challenge yet. >> there's not much difference between most places in detroit and post-katrina new orleans. its not as shocking because it happened over a long period of time, but it's just a
but piornack is feeling detroit's financial woes in other ways, too. he's is just one of nearly 30,000 current and retired city workers who expect to see cuts to their pensions and health care benefits as the city tries to dig itself out of financial ruin. detroit can't pay its bills, and it is looking to cut debts that city officials say reaches $18 billion. >> i feel very let down, my father was a police officer in the city, i've been a fireman in the city, my son is a fireman in the...
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Aug 29, 2013
08/13
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that's a big question, something that detroit is grappling with. today kevin orr is right, there is huge investment, billions of investment in downtown. the current mayor actually did a fabulous job of convening the philanthropic community and a whole bunch of stakeholders to do a very detroit futures city plan, which is awesome, but the question is how can you get it done? detroit has got 20 square miles of vacant land. 60,000 lots of vacant land. it's a huge responsibility, but it's also a huge opportunity. use that to say, urban pioneers, come to detroit. for $5 we'll give you a plat. you can't speculation, just hold on to it. make a go of it. that's the big opportunity for detroit. >> lee saunders, your reaction to the workers may have to give up more? >> i think it's ridiculous. first of all, i think the attack on the pensions of the 22, 23,000 workers who have given their lives to public service, averaging $19,000 a year, and their pensions are on the line. i just don't think it's right. we think it's an unconstitutional act, we think it's im
that's a big question, something that detroit is grappling with. today kevin orr is right, there is huge investment, billions of investment in downtown. the current mayor actually did a fabulous job of convening the philanthropic community and a whole bunch of stakeholders to do a very detroit futures city plan, which is awesome, but the question is how can you get it done? detroit has got 20 square miles of vacant land. 60,000 lots of vacant land. it's a huge responsibility, but it's also a...
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Aug 1, 2013
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i mean, detroit is an american city. and who is more american than detroiters? and so we believe that the city of detroit is on the road to recovery, but that recovery is going to require federal intervention. >> pastor david bullock, of the change agency consortium. i know that federal government intervention makes a big difference when you are trying to recover. >> that is right, thank you so much. we have been hit by an economic hurricane, and so we need relief right now. >> thank you very much. >> thank you. >> next. when does a person turn into a hero? we go all fan girl as she celebrates a milestone, don't miss it. i dbefore i dosearch any projects on my home. i love my contractor, and i am so thankful to angie's list for bringing us together. find out why more than two million members count on angie's list. angie's list -- reviews you can trust. time to have new experiences with a familiar keyboard. to update our status without opening an app. to have all our messages in one place. to browse... and share... faster than ever. ♪ it's time to do everything
i mean, detroit is an american city. and who is more american than detroiters? and so we believe that the city of detroit is on the road to recovery, but that recovery is going to require federal intervention. >> pastor david bullock, of the change agency consortium. i know that federal government intervention makes a big difference when you are trying to recover. >> that is right, thank you so much. we have been hit by an economic hurricane, and so we need relief right now....
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going back in detroit. morgan hit the nail on the head. you have a city whose population reduced two-thirds since the 1950s and they have a land mass you could fit manhattan and botton and san francisco into and they are raising taxes. when you have fewer people, you are trying to find some way to pay the bills. obviously it didn't work. you can't take that to a national sphere. >> other cities had a populatio encrose and they increase the tax it doesn't mean that the city gets better, does it? >> no, i want to c taxes any chance we can get. mile per hour has highway tax rate and also the home of greatest global brands. what killed detroit was the ct that the tea and its people and companies were stuck in the 20th century. poor cities and states continue to cling to manufacturing jobs. rich cities and stat design goods and manufacture them erseas. if detroit wants to get in the 21st century it will rise again. cutting taxes will help. >> rich, there is a lot of factors that go in a demise of the tea like detroit but taxes didn't helpment n
going back in detroit. morgan hit the nail on the head. you have a city whose population reduced two-thirds since the 1950s and they have a land mass you could fit manhattan and botton and san francisco into and they are raising taxes. when you have fewer people, you are trying to find some way to pay the bills. obviously it didn't work. you can't take that to a national sphere. >> other cities had a populatio encrose and they increase the tax it doesn't mean that the city gets better,...
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Aug 1, 2013
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i mean, detroit is an american city. and who is more american than detroiters? and so we believe that the city of detroit is on the road to recovery, but that recovery is going to require federal intervention. >> pastor david bullock, of the change agency consortium. i know that federal government intervention makes a big difference when you are trying to recover. >> that is right, thank you so much. we have been hit by an economic hurricane, and so we need relief right now. >> thank you very much. >> thank you. >> next. when does a person turn into a hero? we go all fan-go as she celebrates a milestone, don't miss it. ♪ (woman) this place has got really good chocolate shakes. (growls) (man) that's a good look for you. (woman) that was fun. (man) yeah. (man) let me help you out with the.. (woman)...oh no, i got it. (man) you sure? (woman) just pop the trunk. (man vo) i may not know where the road will lead, but... i'm sure my subaru will get me there. (announcer) love. it's what makes a subaru, a subaru. ♪ [ male announcer ] it started long ago. the joy of g
i mean, detroit is an american city. and who is more american than detroiters? and so we believe that the city of detroit is on the road to recovery, but that recovery is going to require federal intervention. >> pastor david bullock, of the change agency consortium. i know that federal government intervention makes a big difference when you are trying to recover. >> that is right, thank you so much. we have been hit by an economic hurricane, and so we need relief right now....
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Aug 31, 2013
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vamos al barrio hispanos que puede ser la salvaciÓn de la ciudad de detroit. la >>> california arrastraron lodo, Árboles a los condados de san bernardino y rifvi riverside. debajo de un puente habÍa 5 pies de wa acumulada. >>> dentro del desastre econÓmico que es detroit. hay un punto de luz y esperanza. es un barrio latino, que puede convertirse en un modelo a seguir. janet rodrÍguez hablÓ con pequeÑos comerciantes que lo han apostado todo, por un mejor detroit. >>> jordi oriundo de barcelona instalÓ su cafeterÍa en el barrio latino de detroit hace algunos aÑos. >>> los pequeÑos comerciantes como yo nos ven como pequeÑos hÉroes. como Él hay much emprendedores a lo largo de la calle que le da vida al vecindario latino, mejor conocido como mÉxico antotown o suroeste de detroit. residen unos 45 mil hispanos. el gobierno federal sede aclaraba en bancarrota. comprÓ este bar en el corazon del barrio latino. >>> veo este lugar, que es una oportunidad, como le digo en la comunidad hispana y en el lugar mÁs fuerte de toda la ciudad los hispanos en su m
vamos al barrio hispanos que puede ser la salvaciÓn de la ciudad de detroit. la >>> california arrastraron lodo, Árboles a los condados de san bernardino y rifvi riverside. debajo de un puente habÍa 5 pies de wa acumulada. >>> dentro del desastre econÓmico que es detroit. hay un punto de luz y esperanza. es un barrio latino, que puede convertirse en un modelo a seguir. janet rodrÍguez hablÓ con pequeÑos comerciantes que lo han apostado todo, por un mejor detroit....
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Aug 8, 2013
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you want to see detroit's problem, look at this graph. in 1950, there were almost 2 million people in detroit, 2 million. now that number is down to around the 700,000, which means, when your city is shrinking like that, you end up with an eroding tax base. incapable, completely unable to pay off the pension costs that were incurred. and also not just pensions, but city services, infrastructure, all of it. in comparison, over that same period of time, new york has seen its population grow by more than half a million people, it's not been detroit. and another thing, detroit's economy has been nothing short of catastrophic. according to the city's own bankruptcy court declaration, the city lost approximately 80% of its manufacturing base. new york's economy by contrast has been booming. booming under bloomberg for better or worse. the key industry finance remains atop the world. one factor is that the fact that the city remains utterly and unbelievably racially segregated. this is a map of detroit, with dots corresponding for neighborhoods.
you want to see detroit's problem, look at this graph. in 1950, there were almost 2 million people in detroit, 2 million. now that number is down to around the 700,000, which means, when your city is shrinking like that, you end up with an eroding tax base. incapable, completely unable to pay off the pension costs that were incurred. and also not just pensions, but city services, infrastructure, all of it. in comparison, over that same period of time, new york has seen its population grow by...
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Aug 2, 2013
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for the success of detroit. thanks very much. >> thanks, chuck. >> for more, check out our website. it's one of a handful of mayor races we think you should keep an eye on this challenger year. for the last type -- i know we said that the last time, but we really need it this time. it really is the last time as the president's chief economic adviser allen krueger join us on the july numbers just out this morning. plus primary problems not for one, not for two, we're up to three senators with big primary challenges. the challenge ahead for mcconnell and graham are unique amongst themselves. the gaggle will be here. first, the white house soup of the day. it's friday, means it's a seafood day, and they throw in to make it a little spicy, seafood gumbo. we'll be right back. >>> the july jobs report came in short of market expectations. even with the jobless rate falling the last two months, were also revised downward. wall street is taking a dim view of things. not surprising. they had a boom day yesterday. all thr
for the success of detroit. thanks very much. >> thanks, chuck. >> for more, check out our website. it's one of a handful of mayor races we think you should keep an eye on this challenger year. for the last type -- i know we said that the last time, but we really need it this time. it really is the last time as the president's chief economic adviser allen krueger join us on the july numbers just out this morning. plus primary problems not for one, not for two, we're up to three...
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so i mean i think the detroit region is definitely saveable, and i think if the detroit region comes back, i think detroit city may find its role within that region. >> detroit seems to be a story that's sort of in some ways opposed to your book and your thesis because it is a classic case where people left the city for the suburbs. you know, crime grew, it became a negative spiral. and the well-to-do white middle class and upper middle class just fled the city. they were doing fine, i suppose. in the outer suburbs, but the city itself imploded. >> it's sort of an outdated narrative. that was the path that everyone beat in the '50s and '60s and '70s. you had the white flight and everything. that's not happening anymore. i would agree with jennifer that detroit is in many ways an outlier. but one thing that's interesting about detroit is that it is a great model. planners are looking at it as a model of how to shrink. you know, nobody talks about shrinking in the planning world, but that is the proper response because you need to shrink the city to meet the demands of its inhabitants
so i mean i think the detroit region is definitely saveable, and i think if the detroit region comes back, i think detroit city may find its role within that region. >> detroit seems to be a story that's sort of in some ways opposed to your book and your thesis because it is a classic case where people left the city for the suburbs. you know, crime grew, it became a negative spiral. and the well-to-do white middle class and upper middle class just fled the city. they were doing fine, i...
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detroit may be starting that by hiring christie's to appraise the item at the detroit institute of art. cn cnbc's own robert frank joins us now with all of the art details. >> detroit's emergency manager hired christie's to assess the collection of the dia. the art is valued by many at over $1 billion. while there is no specific plan to sell the assets, the move was taken at the request of creditors. he said the city must know the current value of all of its assets, including the city owned check at the dia. orr's statement goes on to say there has never been nor is there now any plan to sell the art. this valuation as well as the valuation of other city assets is an integral part of the restructuring process. he said they will also advise the city on non-sale alternatives. not sure what that means. they will value works like this one, a van gogh portrait that could be worth over $100 million alone, it includes works of picasso, miguel. they say they will continue to folks on being as positive force for the city. this has been a huge controversy with some of the public pensions saying
detroit may be starting that by hiring christie's to appraise the item at the detroit institute of art. cn cnbc's own robert frank joins us now with all of the art details. >> detroit's emergency manager hired christie's to assess the collection of the dia. the art is valued by many at over $1 billion. while there is no specific plan to sell the assets, the move was taken at the request of creditors. he said the city must know the current value of all of its assets, including the city...